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Dec 29, 2012
12/12
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in accuweather meteorologist jim dickey is tracking that storm. jim, who is going to get it first? >> seeing the snow right now already across southern illinois and southern, indiana. with the storm, not packing the punch that its predecessor did but still a wide swath of snow across the ohio valley spreading its way north and eastward and then the cold front with the system putting down substantial rainfall. good news is nothing in the way of severe weather reports or reports of damage like we saw with the storm the day after christmas. moves east ward and the heavy rain tracking into the florida panhandle right now. reds and yellows marking the heaviest precipitation. with that further northward sold air in place. the heaviest band of snow the darking blue shade stretches from indianapolis down south of st. louis and that will move north and eastward as we head through the night. the first moves into pennsylvania and weakened and then transfer energy to a system that is going to roll up the coast but that happens too late for this to be a major snowmaker for most of us here. a wi
in accuweather meteorologist jim dickey is tracking that storm. jim, who is going to get it first? >> seeing the snow right now already across southern illinois and southern, indiana. with the storm, not packing the punch that its predecessor did but still a wide swath of snow across the ohio valley spreading its way north and eastward and then the cold front with the system putting down substantial rainfall. good news is nothing in the way of severe weather reports or reports of damage...
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Dec 26, 2012
12/12
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counsel for the business, and identify that person as the store owner, jim butler. police said butler and philip got into an altercation inside the business, and philip was eventually shot. philip ran out of the business and collapsed in the parking lot. he has been having difficulties lately with people breaking into the store, which police have responded to. it is just someone broken and he was there. as far as philip, he had a vast criminal record, which included guilty pleas to second-degree assault, theft, drug offenses, and court appearances for in the same. so far, no charges have been filed in this case. >> authorities say they have recovered human remains where a trap was laid for firefighters in new york. officials believe the remains of the sister of the shooter. her younger brother is responsible for setting fires and ambushing first responders. the fund typewritten reports saying the shooter wanted to burn down the neighborhood, and saying, "i want to do what i do best -- killing people puzzle in connecticut today, police officers received a gift of tim
counsel for the business, and identify that person as the store owner, jim butler. police said butler and philip got into an altercation inside the business, and philip was eventually shot. philip ran out of the business and collapsed in the parking lot. he has been having difficulties lately with people breaking into the store, which police have responded to. it is just someone broken and he was there. as far as philip, he had a vast criminal record, which included guilty pleas to...
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Jan 3, 2013
01/13
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. >> reporter: jim runs the greater washington board of trade. he says the uncertainty ahead has the business on hold. >> we're still going to have a hold on hiring. we're still going to have a hold on new investments. everyone is going to be waiting. >> reporter: even as business knows. >> there will be people who are furloughed on their jobs, people who will not be hired into new jobs. >> we're on a new reality, a new economic reality in the national capital region. >> reporter: frank principi knows that if the sequestration cuts kick in in two months... >> programs to head start to emergency preparedness are going to be cut 8% and it's the local governments that's going to have to deal with either replacing that 8% cut or terminating the programs that funding supports. >> reporter: as the federal government spends less... >> we think we're going to need to
. >> reporter: jim runs the greater washington board of trade. he says the uncertainty ahead has the business on hold. >> we're still going to have a hold on hiring. we're still going to have a hold on new investments. everyone is going to be waiting. >> reporter: even as business knows. >> there will be people who are furloughed on their jobs, people who will not be hired into new jobs. >> we're on a new reality, a new economic reality in the national capital...
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Jan 3, 2013
01/13
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and in sports, syracuse hoops coach jim boeheim bounces into the record books. this is the "cbs morning news." coach jim bayh,nikze bounces into the record books. this is the "cbs morning news." chili's lunch combos. starting at 6 bucks. more life happens here. capella university understands bright students are getting lost in the shuffle. need. and administration's work gets more complex every year. when you look at these issues, do you see problems or opportunities? with an advanced degree in education from capella university, you'll have the knowledge to meet these challenges and make a difference in the lives of students. let's get started at capella.edu. she can't always move the way she wants. now you can with new stayfree ultra thins. flexible layers move with your body, while thermocontrol wicks moisture away. keep moving. new stayfree. >>> here's look at the weather in some cities around the country. new york, sunny, 31, chicago, breezy, 29, partly sunny in dallas, 50, mostly sunny in l.a., 68 degrees. >>> let's check your national forecast. as much as
and in sports, syracuse hoops coach jim boeheim bounces into the record books. this is the "cbs morning news." coach jim bayh,nikze bounces into the record books. this is the "cbs morning news." chili's lunch combos. starting at 6 bucks. more life happens here. capella university understands bright students are getting lost in the shuffle. need. and administration's work gets more complex every year. when you look at these issues, do you see problems or opportunities? with...
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Dec 29, 2012
12/12
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michael in new york. >> caller: hi, jim. i enjoy the show, thank you for helping me make money for my family. >> i appreciate that. >> caller: i have two questions. what do you gain by getting a dividend if the share price goes down by the amount of the dividend and then you have to pay taxes to the dividend, and isn't comparing dividend stocks to a yield not a apples to apples comparison because of the greatest risk of losing your risk with stock as compared to the ten-year? >> let's get empirical, what stocks have outperformed for the last 20 or 30 years? that's reinvested dividend. i'm getting this from jeremy seagal's work. go read his book and you will know exactly why i think dividends are so important. a pullback can be the market giving back. i like stocks that have pulled back from the new high list between 5% and 8%. don't chase momentum, it's a starting point, not an ending point. >>> don't miss a second of "mad money." follow @jimcramer. send him an e-mail, or give us a call at 1-800-743-cnbc. miss something? hea
michael in new york. >> caller: hi, jim. i enjoy the show, thank you for helping me make money for my family. >> i appreciate that. >> caller: i have two questions. what do you gain by getting a dividend if the share price goes down by the amount of the dividend and then you have to pay taxes to the dividend, and isn't comparing dividend stocks to a yield not a apples to apples comparison because of the greatest risk of losing your risk with stock as compared to the ten-year?...
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Dec 27, 2012
12/12
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i'm jim axelrod. a lot of holiday plans are out the window tonight due to a powerful storm system that stranded travelers on highways and at airports. it's blamed in at least six deaths. in the south, there are reports that 41 tornadoes have touched down since yesterday. one of them sheered off the front of the trinity episcopal church in mobile, alabama. luckily, no one was injured. the same system brought a blizzard to parts of the midwest, forcing the cancellation of more than 1,400 flights. tonight, it's headed to the northeast. winter storm warnings have already been posted. troy kehoe of our cbs station in indianapolis begins our coverage. troy? >> reporter: well, jim, here in bloomington, indiana, we've already seen 11.5 inches of snow so far, and it is still coming down with blizzard conditions here in the midwest. this has been a two-day storm leaving much of the country paralyzed. blinding snow with wind gusts topping 35 miles an hour have created whiteout conditions in the plains in midwest
i'm jim axelrod. a lot of holiday plans are out the window tonight due to a powerful storm system that stranded travelers on highways and at airports. it's blamed in at least six deaths. in the south, there are reports that 41 tornadoes have touched down since yesterday. one of them sheered off the front of the trinity episcopal church in mobile, alabama. luckily, no one was injured. the same system brought a blizzard to parts of the midwest, forcing the cancellation of more than 1,400 flights....
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Jan 3, 2013
01/13
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WJLA
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talk about lowered homicides we spend a lot of time on the feed because a chicken is what it eats. [ jim ] this seal verifies we feed my fresh all-natural chickens an all-vegetarian diet including corn, soybeans, and marigolds. no animal by-p-pducts. no meat and bone meal. when you put my chicken on the table you know where it came from. well i always worry about what's in the food thuh i put on my children's plate. that's why we use all-white meat breading that is whole grain with omega-3 and no preservatives. it is my goal to make the highest quality, best-tasting nugget on the market. i want consumers to go "dang, that's a good nugget." >> new at 5:00 d.c. mayor and chief of police are talking about a historic low in homicides. >> 88 people were victim to homicide in the district. that is a dramatic reduction. sam ford has more on the story. >> they are saying not since john f. kennedy that d.c. has had a homicide rate this low. unlike places like chicago, baltimore, where it is up 70% where it is rising and a record year if the national's capitol. with charts and graphs they unrolled
talk about lowered homicides we spend a lot of time on the feed because a chicken is what it eats. [ jim ] this seal verifies we feed my fresh all-natural chickens an all-vegetarian diet including corn, soybeans, and marigolds. no animal by-p-pducts. no meat and bone meal. when you put my chicken on the table you know where it came from. well i always worry about what's in the food thuh i put on my children's plate. that's why we use all-white meat breading that is whole grain with omega-3 and...
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Dec 29, 2012
12/12
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>> well, that man you just saw harris jim swayze was walking four dogs. one of the dogs ran into the ice and fell through holding himself up with just front paws. jim swayze went after the dogs but the ice kept breaking away. he called 911. then called his cousin who is san animal control officer. the cousin's boyfriend showed up. went after the dog and right as he reached ice broke away. and he got stuck in the mud below and had to wait an hour for firefighters to arrive. listen. the big concern was the dog. they the dog had been in the without for why quite a while. the amount of time spent in the water is very short lived. you can't spent a lot of time in these cold temperatures and hope to survive. the rescue actually went pretty quickly. >> it went quickly but all tolled it still took an hour and a half before they pulled bart out of that water, harris. >> harris: that's a long time to be in the water. how is the dog doing? the hound dog is doing fine now. but bart is 11 years old. first the vet was very worried about him. they rapid him up in electr
>> well, that man you just saw harris jim swayze was walking four dogs. one of the dogs ran into the ice and fell through holding himself up with just front paws. jim swayze went after the dogs but the ice kept breaking away. he called 911. then called his cousin who is san animal control officer. the cousin's boyfriend showed up. went after the dog and right as he reached ice broke away. and he got stuck in the mud below and had to wait an hour for firefighters to arrive. listen. the big...
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Jan 2, 2013
01/13
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. >> or, jim, as they call the grand bargain or the big deal. are those days dead given where we are? we really aren't going to be very different in this new congress. most of the congress felt that they were left out of these negotiations. it's all about the leadership anyway. >> one of the ironies is that the republicans left on the table what would have been a much more advantageous deal more than a year ago and the president was bending to a far greater extent. they spurned that and boxed into a corner and now tomorrow you'll have the president sunning in hawaii while john boehner is trying to twist some arms to get reelected speaker when the republicans meet. but one should also note here in that list, one thing i think you left out and surely unintentionally is what's going to happen for payroll taxes. for the average person, you're going to pay about a thousand dollars more and that's a lot of money for people to maybe $40,000, to $50,000 a year. you could argue they are losers here, too. >> we're going to do a whole segment on that later
. >> or, jim, as they call the grand bargain or the big deal. are those days dead given where we are? we really aren't going to be very different in this new congress. most of the congress felt that they were left out of these negotiations. it's all about the leadership anyway. >> one of the ironies is that the republicans left on the table what would have been a much more advantageous deal more than a year ago and the president was bending to a far greater extent. they spurned that...
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Dec 30, 2012
12/12
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fox news contributor, judy miller, rich grenell that served for four ambassadors and jim pinkerton and fox news political analyst. juan williams. i'm jon scott. fox news watch is on right now. >> we can now definitively say that president barack obama will be re-elected, mitt romney will come up a loser in this race. >> jon: the billing media story of the year, the presidential election. that was how it ended. barack obama beating mitt romney and an end to a bitter season that started early with the g.o.p. primaries and events like this. >> we saw some of this black church in south carolina where a woman asked you why you referred a president obama as the food stamp president. it sounds as if you are suitcase to go belittle people. >> first of all, juan, the fact is that more people have been put on food stamps by barack obama than any president in american history. [ cheers and applause ] >> i know among the political kli correct and i'm supposed to you use facts that are uncomfortable. [ laughter ] >> so that was just part of a long and memorable primary season. juan, is that your hi
fox news contributor, judy miller, rich grenell that served for four ambassadors and jim pinkerton and fox news political analyst. juan williams. i'm jon scott. fox news watch is on right now. >> we can now definitively say that president barack obama will be re-elected, mitt romney will come up a loser in this race. >> jon: the billing media story of the year, the presidential election. that was how it ended. barack obama beating mitt romney and an end to a bitter season that...
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Jan 3, 2013
01/13
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CNBC
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jim newsel, you called the fiscal cliff deal to this point a fiasco. what had your high expectations for what's to come on the spending and the debt limit that they have to deal with in the next couple of months? >> i don't have very high expectations. >> i didn't think so. >> i mean, i think at this point in time we're seeing history we pete itself and why congressman congressman brooks voted against the deal. congratulations on being sworn in again today, congressman brooks. >> thank you. >> but i think mo is right. you know, the taxes have been -- have been settled. whether he voted for them or not, taxes are settled. it's now on to entitlement reform and spending, and historically whether it's in reagan or bush or even in clinton, there were very few opportunities for cutting real spending or reforming entitlements that went along with tax increases, and that's what needs to happen. you've got to drop the -- and bend the growth curve in entitlement spending if you're going to have any chance at all in getting back to any sustainability on the debt,
jim newsel, you called the fiscal cliff deal to this point a fiasco. what had your high expectations for what's to come on the spending and the debt limit that they have to deal with in the next couple of months? >> i don't have very high expectations. >> i didn't think so. >> i mean, i think at this point in time we're seeing history we pete itself and why congressman congressman brooks voted against the deal. congratulations on being sworn in again today, congressman brooks....
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jim ramsey says we could see a warmup in the near future. the forecast is next. droid dna augmentation initiated. vision expanding to a 5-inch 1080p hd display and camera. touch acquiring nfc. hearing evolving with beats audio. wireless charging activated. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. people really love snapshot from progressive but don't just listen to me. listen to these happy progressive customers. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive the more i save. i wish our company had something this cool. you're not filming this, are you? aw! camera shy. snapshot from progressive. test-drive snapshot before you switch. visit progressive.com today. this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the fi
jim ramsey says we could see a warmup in the near future. the forecast is next. droid dna augmentation initiated. vision expanding to a 5-inch 1080p hd display and camera. touch acquiring nfc. hearing evolving with beats audio. wireless charging activated. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. people really love snapshot from progressive but don't just listen to me. listen to these happy progressive customers. i plugged in snapshot, and 30...
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Dec 26, 2012
12/12
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jim meceda, nbc news, london. >>> if you plan to head to the movie, you better make sure you have a little extra time because many of this season's blockbusters are clocking in at almost three hours. a report from hollywood. >> reporter: they are epic productions, earning oscar buzz. >> shall we stop this bleeding? >> reporter: this year's blockbusters have something else in common. you better block out three hours if you want to see one. as we approach the end of the year, hollywood's heavyweights are posting some hefty run times. spielberg's "lincoln" clocks in at 2 1/2 hours. "les miserables" is almost three hours. >> and a whop iping 2:49, "neverending." >> they should all be called the never ending story. >> one word of advice, go to the toilet before the movie started. >> reporter: why try to hold the moviegoers attention so long. many say blame it on oscar. there's a feeling in hollywood the academy won't take a best picture contender seriously if it's under two hours. this time of year, studios are racing to release these epics before the oscar deadlines. >> any film that opens on
jim meceda, nbc news, london. >>> if you plan to head to the movie, you better make sure you have a little extra time because many of this season's blockbusters are clocking in at almost three hours. a report from hollywood. >> reporter: they are epic productions, earning oscar buzz. >> shall we stop this bleeding? >> reporter: this year's blockbusters have something else in common. you better block out three hours if you want to see one. as we approach the end of the...
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Dec 30, 2012
12/12
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CSPAN
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. >> i am jim salinger. i am teaching c's. it is very interesting when you hear a song, australian or a cannon, the denial is so strong. if you ask why, i might be surprised [indiscernible] and i was teaching a class three weeks ago and we said, come on, you can have leadership from the top. where is the groundswell from underneath? we were in mtv. issues were important. >> are there -- >> that is what i am asking. the graduation for students? are you talking about that tuition and whatever else? there is something all the came out a few months ago. concern about climate change and different age groups. what we found was that they acceptance of climate changes that it is higher and higher than it has ever been among college students. so they don't exemplify them as strangers. when it is difficult to find a job when there are bread and butter issues in the table, it is easy to sedate someone who seems different. maybe the picture changes a bit. when it starts to come home. we have events like hurricane sandy, the wildfires, i t
. >> i am jim salinger. i am teaching c's. it is very interesting when you hear a song, australian or a cannon, the denial is so strong. if you ask why, i might be surprised [indiscernible] and i was teaching a class three weeks ago and we said, come on, you can have leadership from the top. where is the groundswell from underneath? we were in mtv. issues were important. >> are there -- >> that is what i am asking. the graduation for students? are you talking about that...
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Jan 2, 2013
01/13
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CNBC
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. >>> okay, we are extremely happy and very privileged to have mad money's jim cramer here. we have a lot of things to talk about with the fiscal cliff. do you feel we have solved anything or just basically pushed this cliff further down the road there for creating a bigger problem for policy makers down the line? >> no, i think we solved something. >> what did we solve? >> you asked about the idea that dividends, so important to capital formation for people at home. dividends are taxed low versus what we thought. capital gains going to stay in the game. not that bad. many incentives it stay in the stock market swrount otherwise and the stock mark set a great wealth creator. i think some things have been solved. i don't think it is as negative as some people have heard. >> we have had tough talk on show so far. lot of talk about debt. give us reason or reasons to be optimistic in this lucky 2013 year. >> okay, i believe there are tail winds that we came in with that are very strong. this housing situation remains strong. don't forget, i heard back and forth on sandy and whet
. >>> okay, we are extremely happy and very privileged to have mad money's jim cramer here. we have a lot of things to talk about with the fiscal cliff. do you feel we have solved anything or just basically pushed this cliff further down the road there for creating a bigger problem for policy makers down the line? >> no, i think we solved something. >> what did we solve? >> you asked about the idea that dividends, so important to capital formation for people at home....
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Jan 2, 2013
01/13
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jim o'neill speaks from a different point of view than i would. maybity right in the thick of it down here. i'm a big believe in america. big believe in the markets. i have be a exposure to the markets like everybody does but i'm not ready to pass the mantle to somebody else. >> rich, we are talking about fighting the fed and what is bad idea that is. bonds are another market that people seem to not fight the fed but is this is the year that interest rates start higher? >> we don't know that. the fed is a huge elephant in the room and it is as long as they keep buying bonds, you don't have a problem. the thing that concerns me is that -- >> go ahead. >> the thing that concerns me is we borrow a trillion plus dollars a year, so if other members of the world decide ton buy our bonds, i don't think the fed can buy all of them. >> okay. so if you look at what's been happening though, you would bet that this year would be the year that we stay steady again? or just keep listening to the fed to see what they say? >> i think expectations are, we are goin
jim o'neill speaks from a different point of view than i would. maybity right in the thick of it down here. i'm a big believe in america. big believe in the markets. i have be a exposure to the markets like everybody does but i'm not ready to pass the mantle to somebody else. >> rich, we are talking about fighting the fed and what is bad idea that is. bonds are another market that people seem to not fight the fed but is this is the year that interest rates start higher? >> we don't...
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Dec 29, 2012
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. >> i'm sorry, jim, i will stop the subsidy to pbs. >> i like pbs. i love big bird. >> a zinger every minute. >> brought us binders of women. >> we also have fewer horse and bayonets. >> horses and bayonets. >> oh yeah ♪ ♪ >> i just called president obama to congratulate him. >> i congratulated him and paul ryan on a hard-fought campaign. >> i pray that the president will be successful in guiding our nation. >> we are an american family, and we rise or fall together. the task of perfecting our union moving forward. >> tonight, we are celebrating the year in the news, the winners, the losers, the person of the year. and we will hand out the donald trump award to the person who has embarrassed himself or herself the most this year. all right, let's start with the most valuable player of the 2012 campaign, alex wagner, the most valuable player? >> in my book, it's david plouffe, you saw the beginnings, with dean, and obama. this will change the way people organize and campaign. >> krystal? the most valuable player? >> i have to say we don't know exa
. >> i'm sorry, jim, i will stop the subsidy to pbs. >> i like pbs. i love big bird. >> a zinger every minute. >> brought us binders of women. >> we also have fewer horse and bayonets. >> horses and bayonets. >> oh yeah ♪ ♪ >> i just called president obama to congratulate him. >> i congratulated him and paul ryan on a hard-fought campaign. >> i pray that the president will be successful in guiding our nation. >> we are an...
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Dec 30, 2012
12/12
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KPIX
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jim axelrod is off tonight. i'm rebecca jarvis. with just two days left, senate leaders are still struggling to put together a last minute bp deal ahead of monday's midnight deadline for the fiscal cliff. failure could kick the country back into a recession. wyatt andrews is on capitol hill. >> reporter: today the halls of the senate were almost empty, as proposals got traded in private and over the phone. senate minority leader much mcconnell tried to sound upbeat. going to get a deal today sir? >> hope. so. >> reporter: house speaker boehner came to the capitol but left without comment. issue number one in the talks is amending the bush era tax cuts, which if unchanged will expire and raise taxes on all americans. starting tuesday, the average tax hike will be three to 5% per person. >> let's keep taxes exactly where they are on the first $250,000 of everybody's income. >> reporter: the president campaigned to increase taxes only on families making more than $250,000 per year. almost two weeks ago, the president offered a comprom
jim axelrod is off tonight. i'm rebecca jarvis. with just two days left, senate leaders are still struggling to put together a last minute bp deal ahead of monday's midnight deadline for the fiscal cliff. failure could kick the country back into a recession. wyatt andrews is on capitol hill. >> reporter: today the halls of the senate were almost empty, as proposals got traded in private and over the phone. senate minority leader much mcconnell tried to sound upbeat. going to get a deal...
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Dec 27, 2012
12/12
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. >> that was the weather channel's jim cantore right there and mike seidel reporting. in a few minutes, we'll have the forecast on where the storm is headed today. that's just ahead in weather. >>> but right now, unfortunately, we turn to politics. as if tax hikes and spending cuts weren't enough, there's a new reminder that the nation's debt ceiling is also hanging over the budget talks in washington. in a letter to congress yesterday, treasury secretary timothy geithner warned the government would hit its legal borrowing limit by monday. without the okay to borrow more, geithner says the treasury will be forced to take "extraordinary measures" to keep paying the bills. so, that makes the government like the rest of us. he also referenced the impending fiscal cliff, which threatens to derail the economy if a compromise isn't be reached by next week on those big, unanswered issues. with both sides locked in a standoff, house republicans are calling on senate democrats to act first. democrats aren't budging much on their demands. they want to extend tax cuts on incomes
. >> that was the weather channel's jim cantore right there and mike seidel reporting. in a few minutes, we'll have the forecast on where the storm is headed today. that's just ahead in weather. >>> but right now, unfortunately, we turn to politics. as if tax hikes and spending cuts weren't enough, there's a new reminder that the nation's debt ceiling is also hanging over the budget talks in washington. in a letter to congress yesterday, treasury secretary timothy geithner warned...
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Dec 29, 2012
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jim? >> it depends on what happens. this is the way uncertainty works, but, you know, i thought for a month that one of two things was possible, one that we go over the cliff and the republicans have ground cover to be lowering taxes and not raising them or these are guys who crave the stage. how are they not going to take it down to the 11th hour? they'll never be able to stand in front of their constituents and say they fought the good fight and by my logic it's still december 28th. this is not done yet. the risk is coming in on monday and have something good happen on sunday and it being up, 20, 25 handles. i'm not at all convinced that we'll be in the tank on monday morning. >> how about you, larry? >> michelle, today we sought fiscal fear and it's all been about fear and it's becoming the fiscal reality. the after-hours reality shows that fear is really out there. fear has been driving everything. consumer confidence has come down, consumer sentiment has come down and retail sales have come down and fear will drive
jim? >> it depends on what happens. this is the way uncertainty works, but, you know, i thought for a month that one of two things was possible, one that we go over the cliff and the republicans have ground cover to be lowering taxes and not raising them or these are guys who crave the stage. how are they not going to take it down to the 11th hour? they'll never be able to stand in front of their constituents and say they fought the good fight and by my logic it's still december 28th....
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Dec 28, 2012
12/12
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jim, what about you? would you get into bonds here? >> no. not at all. actually i'm taking the other side. i adopted a negative bias yesterday because to me it still looks like a corrective channel from the big drop over the last couple weeks. now it certainly is testing my resolve as the markets tend to do but my stop out is about 13.09 on the up side. if it traded below 132.16 i'd take it as a signal to sell more. i think we are going over the fiscal cliff and the market thinks so and sometime in the first year things get revolved retro act toiv 2012. the market is accustomed to that and learned to deal with it. >> now you know how our guys are making money but the question is how about you? are you buying treasuries into the cliff? head to futures now.cnbc.com. vote in our poll. make your voice heard ere. scott, back over to you. >> thanks so much. have a good weekend. see you on the other side. only one guy to go to on this. he is the author of "unhedged." >> "unhedged." >> what is the trade here? >> the trade is i don't want to be short treasuries a
jim, what about you? would you get into bonds here? >> no. not at all. actually i'm taking the other side. i adopted a negative bias yesterday because to me it still looks like a corrective channel from the big drop over the last couple weeks. now it certainly is testing my resolve as the markets tend to do but my stop out is about 13.09 on the up side. if it traded below 132.16 i'd take it as a signal to sell more. i think we are going over the fiscal cliff and the market thinks so and...
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Jan 1, 2013
01/13
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our chickens are not fed steroids or hormones. [ jim ] we raise our chickens cage-free. we're trying to make a better chicken. >>> as the gop controlled house of representatives pours over the fiscal cliff deal passed by the senate, many issues on the taxes and spending are still unresolved out there and could make for a 2013. joining me now is howard, the resident fellow of the urban editor. now let's start with what the current deal does accomplish as far as changes on the wealthiest americans. what has happened? >> that is the main thing that the current deal does. they protect 99.3% of the taxpayers from any tax increases from the income tax. many people, they will see the payroll tax increases, but they won't see any increase tax views. those are people making more than $450,000 or $400,000. they will see their taxes revert back to where they were in the clinton administration. their top right will be 39.6%. and going up. it will be about 20%. so they're going to see the tax increases. the estate tax about $5 million with a 40% rate, the $5 million exclusion will co
our chickens are not fed steroids or hormones. [ jim ] we raise our chickens cage-free. we're trying to make a better chicken. >>> as the gop controlled house of representatives pours over the fiscal cliff deal passed by the senate, many issues on the taxes and spending are still unresolved out there and could make for a 2013. joining me now is howard, the resident fellow of the urban editor. now let's start with what the current deal does accomplish as far as changes on the wealthiest...
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Dec 26, 2012
12/12
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back to you. >> jim cantore from mobile, alabama, thanks so much. i appreciate it. >>> president obama is leaving the first family in hawaii. he's cutting the vacation short to return to washington, d.c. hopefully to restart the negotiations over those job killing spending cuts and tax hikes set to take effect in the new year. joining me now is congressman gregory meeks, democrat of new york and serves on the financial services committee. i told you if anything goes off or need to rush out of here because you have gotten a call back to d.c. you let me know. plirt coe reporting today, as of christmas day, they do not have the standard warning to come back to washington to resolve the so-called fiscal cliff. it's boehner and other gop leaders aren't going to herd 433 lawmakers back to town with nothing to do. when you hear that, and you know what's been going on and what's expected of you in the new year, what are your hopes for something small, maybe not as ambitious as a grand bargain but something small getting done before january 1st? >> i would l
back to you. >> jim cantore from mobile, alabama, thanks so much. i appreciate it. >>> president obama is leaving the first family in hawaii. he's cutting the vacation short to return to washington, d.c. hopefully to restart the negotiations over those job killing spending cuts and tax hikes set to take effect in the new year. joining me now is congressman gregory meeks, democrat of new york and serves on the financial services committee. i told you if anything goes off or need...
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Dec 26, 2012
12/12
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i think it's a little overdone. >> jim, good to see you for a second time today. you're looking at the chart of crude. technically speaking how important is the move in your view? >> well, this is funny. you started out the conversation with saying how significant is the move? that's what i've been dealing with all day. you look at the chart. we've been in a pretty well defined trend channel for a month or so. right now we've come to the top of it. the market is telling us the news out of the middle east and the news on the fiscal cliff is a pretty big deal. now it's decision time. is it big enough to take it above 91.25 and settle there? if it can't do that, it will be considered a failure. i want to be short oil and i think 8620 would be the downside. >> on the up side we're watching 9125. now you know what our guys are doing. are you buying or selling crude surge today? head to futures now.cnbc.com and vote in our poll. don't forget to check out our next online show that will be tomorrow at 1:00 p.m. scott being barks to you. >>> we'll see you tomorrow at 1:00.
i think it's a little overdone. >> jim, good to see you for a second time today. you're looking at the chart of crude. technically speaking how important is the move in your view? >> well, this is funny. you started out the conversation with saying how significant is the move? that's what i've been dealing with all day. you look at the chart. we've been in a pretty well defined trend channel for a month or so. right now we've come to the top of it. the market is telling us the news...
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Dec 27, 2012
12/12
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. >> jim, the house reconvenes sunday night. the senate squabbling right now. the president's back in town. how are you trading or investing in this market in the meantime? >> well, bill, i thought it was difficult to underestimate the ability for congress to underdeliver. but here we are again. >> yes. >> our best case is, we probably thought it was going to go into the, go past the new year and i think that's what we're going to see. so, we'll probably tech nick little go over the cliff but we won't stay over and it's probably maybe even better off that we get a new congress looking at the prospects of a deal. there is a deal out there as opposed to the lame duck session. we'll probably have some volatile till but i think those are buying opportunities and we expect a better 2013. >> what kind of buying opportunities? what would you be looking to buy? >> well, certainly the sectors that have done well, i think, continue to be the financials. you look at consumer discretionary in here, which could take a hit and a down turn. near term down turn and health care
. >> jim, the house reconvenes sunday night. the senate squabbling right now. the president's back in town. how are you trading or investing in this market in the meantime? >> well, bill, i thought it was difficult to underestimate the ability for congress to underdeliver. but here we are again. >> yes. >> our best case is, we probably thought it was going to go into the, go past the new year and i think that's what we're going to see. so, we'll probably tech nick little...
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. >> coach shaw stepping in where jim harbaugh left off. stanford are six-point faifrt ritz, but with plays like this, the crowd is going wild. >> they're going to dominate. not six points. they're going to dominate. >> this family is rooting for their home team. carolyn is a loyal badger. >> i'm feel gchlgt i know we're under dog buzz this is the third time we've been to the rose bowl, i think this year, we'll win. >> cardinal quarterback has a different outcome in mind, giving fans plenty to cheer about. >> we thought after anldy left, the football program won't be doing as well, but they've had a great season. is been fun to watch. >> and it's fun to watch right now, in fact with playing well enough, so stanford isn't running away with it. we're going to check back at 6:00 to see hout crowd feels at that time. reporting live in palo alto, abc 7 news. >> so much fun,. 17-14 stanford at the half. >> the rose intol nothing but a side show. but this is the main attraction. the tournament of roses parade. >> yes. young people in blue frr the
. >> coach shaw stepping in where jim harbaugh left off. stanford are six-point faifrt ritz, but with plays like this, the crowd is going wild. >> they're going to dominate. not six points. they're going to dominate. >> this family is rooting for their home team. carolyn is a loyal badger. >> i'm feel gchlgt i know we're under dog buzz this is the third time we've been to the rose bowl, i think this year, we'll win. >> cardinal quarterback has a different outcome...
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Dec 28, 2012
12/12
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i'm jim cramer, and i'll see you tomorrow. >>> good evening. i'm michelle caruso-cabrera in for larry kudlow. this is "the kudlow report." speaker john boehner calls the house back into session for sunday night. that stokes investor hopes for a fiscal cliff deal and this coming just a few hours after harry reid's comments sent the dow into a tailspin. we have complete coverage in this developing story which is happening tonight as we speak. also, as supplies from the obama team, ep achieve lisa jackson stepping down. can the coal companies finally breathe a sigh of relief? guess what happened in britain when the uk banned handguns. the surprising result that could change the gun control debate. "the kudlow report" start ises right now. >>> the big news tonight, still the developments in washington on the fiscal cliff, eamon javers joins us with the details. >> good evening, meshel. capitol hill sources tell cnbc that congressional leaders are planning to go to the white house tomorrow to meet with president barack obama and it is not entirely c
i'm jim cramer, and i'll see you tomorrow. >>> good evening. i'm michelle caruso-cabrera in for larry kudlow. this is "the kudlow report." speaker john boehner calls the house back into session for sunday night. that stokes investor hopes for a fiscal cliff deal and this coming just a few hours after harry reid's comments sent the dow into a tailspin. we have complete coverage in this developing story which is happening tonight as we speak. also, as supplies from the obama...
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Dec 28, 2012
12/12
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jim gillis is vice president of gulf intermodal services, a container trucking company. >> we've seen a dramatic increase in volumes and congestion as a result. >> reporter: what happens if they can't get all the goods out of the port? >> you have containers being held in yards around the houston area, specifically, so you're going to see stores are going to have problems stocking. >> reporter: negotiations between the international longshoremen's union and the shipping companies are deadlocked over a proposal to cut royalties paid to 15,000 dock workers for each ton of cargo they move. a shutdown would affect 15 ports on the east and gulf coasts, including new york, baltimore, miami and houston. the ports handle nearly 50% of all oceangoing container shipments to the united states. some estimate a shutdown could cost a billion dollars a day in delayed shipments and lost work along the supply chain. independent truck driver jose espinoza hauls shipments in and out of houston's port. >> next week, it means i'm going to be out of business. that's because if i don't work, i don't get pai
jim gillis is vice president of gulf intermodal services, a container trucking company. >> we've seen a dramatic increase in volumes and congestion as a result. >> reporter: what happens if they can't get all the goods out of the port? >> you have containers being held in yards around the houston area, specifically, so you're going to see stores are going to have problems stocking. >> reporter: negotiations between the international longshoremen's union and the shipping...
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Dec 27, 2012
12/12
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jim frederick, thanks for joining us tonight. >>> up next, an attempted coup if you will. to derail a movement off the tracks. although i think they have a lot of influence. look at the cliff. the tea party will not act to keep the government going. this is "hardball," the place for politics. >>> still no word on who may i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thank you. ♪ >>> still no word on who may inherit john kerry's senate seat now that he's been nominated for secretary of state. we know who won't. ted kennedy jr. says he won't run for the massachuset
jim frederick, thanks for joining us tonight. >>> up next, an attempted coup if you will. to derail a movement off the tracks. although i think they have a lot of influence. look at the cliff. the tea party will not act to keep the government going. this is "hardball," the place for politics. >>> still no word on who may i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection,...
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Jan 3, 2013
01/13
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CNNW
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jim bitter min has a story from paris. jim? >> vladimir putin said if he wants to come to russia, good on him and they will give him a passport and a residency permit if that is what he wants. he is very well-known and involved in publicity campaigns and recently made a film about the mad monk of russia. in the course of making that film, they have intervened personally in order to get permission for the film company to shoot in the imperial palaces in russia. the two men have got a long standing relationship and in fact he has a relationship with russia. it's probably not so unusual that this proposal would have come down. it is however a little bit of a shock for some french. they said that the kind of things you hear on the street is that it's something of a coward for trying to avoid taxes. his response which was contained in a letter he sent to the prime minister here back before christmas. his response was look, i spend over the last 45 year, 145 million euros on taxes. no one can shame me about how much taxes that i have
jim bitter min has a story from paris. jim? >> vladimir putin said if he wants to come to russia, good on him and they will give him a passport and a residency permit if that is what he wants. he is very well-known and involved in publicity campaigns and recently made a film about the mad monk of russia. in the course of making that film, they have intervened personally in order to get permission for the film company to shoot in the imperial palaces in russia. the two men have got a long...
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Jan 2, 2013
01/13
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jim rogers type stuff. vietnam, laos. >> myanmar. >> go for it, brian. >> burma, north haverbrook. >> other sectors we're watching today, the steel sector getting a major boost from a credit suisse. price target for six companies in this group, they're citing the fiscal cliff resolution, of course, and up side in china. they say the channel checks, that there's more reasonable inventory levels. so pricing is better. >> steel intelligence saying this is a very good level. i think letter x has done nothing for asia. i remember when it was $180 stock. i would tell people, again, that the resource based stocks are more china oriented, and i think china's going to have a very big year. remember, the euro is supposed to break up. the brics were no longer brics, they were soft putty. housing is supposed to go to zero. we could go over and over the things that were going to happen, that didn't happen. what did different repd rate go up? 40%? 45%? remember that worry? selling those dividends left and right. >> you c
jim rogers type stuff. vietnam, laos. >> myanmar. >> go for it, brian. >> burma, north haverbrook. >> other sectors we're watching today, the steel sector getting a major boost from a credit suisse. price target for six companies in this group, they're citing the fiscal cliff resolution, of course, and up side in china. they say the channel checks, that there's more reasonable inventory levels. so pricing is better. >> steel intelligence saying this is a very good...
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Dec 28, 2012
12/12
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CSPAN
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jim from georgia on the republican line. caller: thank you. the senate has not passed a budget bill in the past three years. does that affect the fiscal cliff? host: more than four years? caller: does that affect our physical cliff? host: that is a larger issue of taxes and spending cuts. caller: thank you. host: bob on the independent line from florida. caller: nobody should worry about the fiscal cliff. asey have everybody's ira's hostage. ira will have to buy ies.sur they are not worried about the budget. everybody that has an ira basically it will have nothing because interest rates will go up so high on the treasury bills in the coming decade. be heldy's ira will hostage. i took money and i put it into gold. i did not pay any taxes on it. possession is 9/10 of the law. let them come and find it. every politician should not take a paycheck. they do not deserve it. they have been bringing our country down. host: in look at what happened 1st.ing jan. uary host: that will happen in january 1 if congress fails to reach a compromise, even a sho
jim from georgia on the republican line. caller: thank you. the senate has not passed a budget bill in the past three years. does that affect the fiscal cliff? host: more than four years? caller: does that affect our physical cliff? host: that is a larger issue of taxes and spending cuts. caller: thank you. host: bob on the independent line from florida. caller: nobody should worry about the fiscal cliff. asey have everybody's ira's hostage. ira will have to buy ies.sur they are not worried...
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Dec 26, 2012
12/12
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[applause] jonathan burnham, jane byrne, jim duffy, i want to thank andrew wily and jim ott. [applause] i want to say to my fellow writers, you've written extraordinary books. i don't really know why i'm standing here, but i've been working at this about a hundred years. not as long as elmore re demand, but a long time. [laughter] and i wouldn't be here if it weren't for my daughters. [applause] my husband dan, my mom and dad and all of you. i'd like to, in the end, accept this in the spirit of the turtle mountain chippewa people and in recognition of the grace and end diewrns of native women. this is a book about a huge case of ip justice ongoing -- injustice ongoing on reservations, and thank you for giving it a wider audience. it means so much to all of us. thank you. [applause] in and so this concludes the ceremony. please, help me congratulate all the finalists, winners and judges. [cheers and applause] everyone is invited to join the after party on the balcony. i would sincerely like to thank the national book foundation and especially harold for inviting me to be a par
[applause] jonathan burnham, jane byrne, jim duffy, i want to thank andrew wily and jim ott. [applause] i want to say to my fellow writers, you've written extraordinary books. i don't really know why i'm standing here, but i've been working at this about a hundred years. not as long as elmore re demand, but a long time. [laughter] and i wouldn't be here if it weren't for my daughters. [applause] my husband dan, my mom and dad and all of you. i'd like to, in the end, accept this in the spirit of...
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i'm jim handly. >> i'm angie goss in for wendy rieger. >> so close and yet so far. right now the country remains without a deal on the fiscal cliff. although the senate's solution passed by an overwhelming majority this morning, the process has come to a screeching halt on the house side. the number two republican in the house, virginia congressman eric cantor, says he cannot support the bill as it stands now. many republicans say that they are upset the bill doesn't do much to cut federal spending. democrats are demanding the vote but house speaker john boehner has not agreed to let members vote or amend the bill. >> that's fair enough. some have principled opposition. you also have to be pic
i'm jim handly. >> i'm angie goss in for wendy rieger. >> so close and yet so far. right now the country remains without a deal on the fiscal cliff. although the senate's solution passed by an overwhelming majority this morning, the process has come to a screeching halt on the house side. the number two republican in the house, virginia congressman eric cantor, says he cannot support the bill as it stands now. many republicans say that they are upset the bill doesn't do much to cut...
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Dec 26, 2012
12/12
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jim frederick, thanks for joining us tonight. >>> up next, an attempted coup if you will. to derail a movement off the tracks. although i think they have a lot of influence. look at the cliff. the tea party will not act to keep the government going. this is "hardball," the place for politics. >>> still no word on who may inherit john kerry's senate seat now that he's been nominated tr secretary of state. we know who won't. ted kennedy jr. says he won't run for the massachusetts seat because he considers connecticut his home. >>> and it looks like ben affleck is sticking to life in hollywood instead of heading to washington. the star of argo, a great movie, says that he quote, loves the political process but i'm not running for office. we'll be right back. [ male announcer ] feeling like a shadow of your former self? c'mon, michael! get in the game! [ male announcer ] don't have the hops for hoops with your buddies? lost your appetite for romance? and your mood is on its way down. you might not just be getting older. you might have a treatable condition called low testoster
jim frederick, thanks for joining us tonight. >>> up next, an attempted coup if you will. to derail a movement off the tracks. although i think they have a lot of influence. look at the cliff. the tea party will not act to keep the government going. this is "hardball," the place for politics. >>> still no word on who may inherit john kerry's senate seat now that he's been nominated tr secretary of state. we know who won't. ted kennedy jr. says he won't run for the...
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Jan 3, 2013
01/13
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we are going to look for jim's hat. we are back after this. there are a lot of warning lights and sounds vying for your attention. so we invented a warning you can feel. introducing the all-new cadillac xts. available with a patented safety alert seat. when there's danger you might not see, you're warned by a pulse in the seat. it's technology you won't find in a mercedes e-class. the all-new cadillac xts has arrived, and it's bringing the future forward. ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ [ opening bell ] >> [ inaudible ] >> what an amazing two-day run we have had. this san interesting stat from dan greenhouse of btig, better than all but 1% of two-day rallies since 1990. so, very, very strong performance here, taking a breather at this point. >> we know the thoughts, too all that data how you make money in stoc
we are going to look for jim's hat. we are back after this. there are a lot of warning lights and sounds vying for your attention. so we invented a warning you can feel. introducing the all-new cadillac xts. available with a patented safety alert seat. when there's danger you might not see, you're warned by a pulse in the seat. it's technology you won't find in a mercedes e-class. the all-new cadillac xts has arrived, and it's bringing the future forward. ♪ [ indistinct shouting ] [ male...
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Dec 27, 2012
12/12
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one of the more conservative republicans, jim jordan, told me the only thing worst than defense cuts are no cuts at all. that said, you can delay the impact of see questions administrati -- see quest administration. it will take them time to come up with the cuts over the course of the fiscal year. that said -- because we never passed the budget but only continuing resolution, we've only got until about march to figure out how to deal with that problem. >> you better believe that there are a lot of democrats in states like california, virginia, florida, in the senate and the house who don't want to see those defense cuts either because, boy, those are big employers. let me grill on one thing and that is this, tax rates are scheduled to go up anyway next year because of surcharges on medicare and a payroll tax surcharge because of obama care, am i right on that? >> you're right. if you look at it, incomes are really going to go back to where they were during the meltdown. the american economy will not have moved forward for many households. >> and the payroll tax holiday will end auto
one of the more conservative republicans, jim jordan, told me the only thing worst than defense cuts are no cuts at all. that said, you can delay the impact of see questions administrati -- see quest administration. it will take them time to come up with the cuts over the course of the fiscal year. that said -- because we never passed the budget but only continuing resolution, we've only got until about march to figure out how to deal with that problem. >> you better believe that there...
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Jan 2, 2013
01/13
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CSPAN
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jim is right. 's more people get the message he seems to have gotten we are not going to fix the problem. as you mentioned, we will see a end to the payroll tax holiday. we'll also see taxes called for americans making more than $400,000. let's go to arkansas. roger. independent. caller: good morning. i have two questions for representative mulvaney. in addition to the specifics, what has been reported on, what all of us know was passed last evening, what was added to the bill that we do not know about, the pork that was added perhaps to garner votes? another question, i would have voted in favor, by the way, and my question for you is can you ever vote for a compromise that includes a tax increase on high- earners, and if so, what is the breaking point? host: thank you, roger. guest: great questions. what was added -- i wish we had more time to talk about this. the senate voted on this after having it for nine minutes. the bill turned out to be over 100 pages long with 96 different provisions. you
jim is right. 's more people get the message he seems to have gotten we are not going to fix the problem. as you mentioned, we will see a end to the payroll tax holiday. we'll also see taxes called for americans making more than $400,000. let's go to arkansas. roger. independent. caller: good morning. i have two questions for representative mulvaney. in addition to the specifics, what has been reported on, what all of us know was passed last evening, what was added to the bill that we do not...
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Jan 2, 2013
01/13
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our chickens are not fed steroids or hormones. [ jim ] we raise our chickens cage-free. we're trying to make a better chicken. we perfected the pastrami sandwich -- filled with hot, juicy pastrami, pickles, yellow mustard and bubbly melted cheese. all piled-high on our signature freshly baked bread. made hot, toasty and just for you. and don't be afraid to put your spin on this deli style deliciousity -- add your favorite ingredients, like spicy jalapeÑos or crisp green peppers. get to your local subway and taste some perfect pastrami today! subway. eat fresh. get to your local subway and taste some perfect pastrami today! itds of good to make a family. at new york life, everything we do is to help you keep good going. [ female announcer ] hamburger helper stroganoff. beefy. creamy. stroganoffy. helpers. forty dishes, all delicious. i just finished a bowl of your light chicken pot pie soup and it was so rich and creamy... is it really 100 calories? let me put you on webcan... lean roasted chicken... and a creamy broth mmm i can still see you. [ male announcer ] progress
our chickens are not fed steroids or hormones. [ jim ] we raise our chickens cage-free. we're trying to make a better chicken. we perfected the pastrami sandwich -- filled with hot, juicy pastrami, pickles, yellow mustard and bubbly melted cheese. all piled-high on our signature freshly baked bread. made hot, toasty and just for you. and don't be afraid to put your spin on this deli style deliciousity -- add your favorite ingredients, like spicy jalapeÑos or crisp green peppers. get to your...
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Jan 1, 2013
01/13
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CNNW
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jim spellman joins us. you were there for opening night. what was it like? >> it's a big celebration. it really marked the end of what they see as a civil rights struggle. to legalize marijuana, stop arresting people for this, stop using law enforcement resources. years they tried to get to this. so there was a lot of celebration and a sense of accomplishment. i was able to speak with a couple people there. >> you can not buy marijuana from the club, but you can bring marijuana, you can share marijuana, you can have others share with you. and you can associate with with others in private and disgreet environment. >> it's great to be able to exercise my vote to get together with my common man and express ourselves. >> reporter: it's really unclear exact exactly what these clubs will look like going forward, but last night they were starting to stretch their wings and find out what exactly the freedoms that they come with this amendment will look like. >> was this a big crowd, big turnout or not so much? >> not a huge crowd. honestly it was one of the events w
jim spellman joins us. you were there for opening night. what was it like? >> it's a big celebration. it really marked the end of what they see as a civil rights struggle. to legalize marijuana, stop arresting people for this, stop using law enforcement resources. years they tried to get to this. so there was a lot of celebration and a sense of accomplishment. i was able to speak with a couple people there. >> you can not buy marijuana from the club, but you can bring marijuana, you...
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Dec 26, 2012
12/12
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carl, back to you. >>> jim, those are some pictures. a lot of people in the northeast paying close attention to that storm as it gets closer and closer to us. jim cantore, thanks for that. >>> let's get over to the cme group. rick santelli has the santelli exchange. good morning, rick. >> good morning, carl. i guess no topic makes me grind my teeth more than the culmination of the entire bailout nation issues than housing, okay? only can the u.s. government, i take that back, only can government, period, including the u.s. government turn a detour into a four-lane highway, okay? let's talk about infusion. governments tried to create faux guarantees when they set up the gses when they created the structure of special financing and faux guarantees whether they were applied or assumed, we all know how it turned out. taxpayers ended up getting the bill when government took over the space. and then we get all the faux guarantees of fixing the original faux guarantees as the intrusion really did get worse. i take you back to september of 2008
carl, back to you. >>> jim, those are some pictures. a lot of people in the northeast paying close attention to that storm as it gets closer and closer to us. jim cantore, thanks for that. >>> let's get over to the cme group. rick santelli has the santelli exchange. good morning, rick. >> good morning, carl. i guess no topic makes me grind my teeth more than the culmination of the entire bailout nation issues than housing, okay? only can the u.s. government, i take that...
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Dec 28, 2012
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welcome to the program, jim. how do you argue that we'll get potentially, what is it, 1,700, i think, on the s&p, is the call. >> yeah, i think it can get up to 1,700 during the year, simon, touching that. i don't know if it will end the year, but i'm thing 15 to 20% rerps, and i think it's mainly about confidence. i think we've produced a lot of the earnings that we're going to produce in this recovery cycle. we're still going to eget earnings growth, but it's going to be much slower from here. what we have left is a lot of room to increase the valuation we place in those earnings. and that's about improving confidence. look at, going into the year, look at the things that we've accomplished when we start 2013. i think in a couple weeks, we're going to have some progress made on the fiscal issues. it may be modest, but i think we'll get some agreement. we will have revised chinese and world recoveries. we will have calmed, dramatically, your zone fears, at least away from a calamitous event. we will have geared
welcome to the program, jim. how do you argue that we'll get potentially, what is it, 1,700, i think, on the s&p, is the call. >> yeah, i think it can get up to 1,700 during the year, simon, touching that. i don't know if it will end the year, but i'm thing 15 to 20% rerps, and i think it's mainly about confidence. i think we've produced a lot of the earnings that we're going to produce in this recovery cycle. we're still going to eget earnings growth, but it's going to be much slower...
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welcome to my father-in-law jim lemarca and the cast of his book, "bonus time." it's sort of like "zero dark 30" kind of sort of. >> that will do it for "power lunch." >> "street signs" begins right now. >>> there is a full cornucopia of cliffs on this fiscal friday. the president plans to pop another tax proposal on congress, but will it pass? the clack is ticking. latest ahead. >>> so what would a cliff jump really mean for american business? you will hear directly as we reconvene our exclusive small biz all-star panel. >>> plus, call it the retail hu "hunger games." three companies that may not survive. >>> predictions 2013. big calls for the new year, mandy. >>> bring it on. the s&p 500 is on track for a fifth straight decline. some of the hope does seem to be coming out of the market of late for a deal. of course, there could still be time. nonetheless, what we have seen is a drop of 1.3% so far this week. indead, the s&p's longest losing streak in three months. even the good news on home sales. not helping the three major averages which are on pace for thei
welcome to my father-in-law jim lemarca and the cast of his book, "bonus time." it's sort of like "zero dark 30" kind of sort of. >> that will do it for "power lunch." >> "street signs" begins right now. >>> there is a full cornucopia of cliffs on this fiscal friday. the president plans to pop another tax proposal on congress, but will it pass? the clack is ticking. latest ahead. >>> so what would a cliff jump really mean for...
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and jim cramer. >> jim cramer is great. he's mad, though. mad about money. >> ah, okay. well, i'm going to get to the news, which is going to start in -- >> is this chris christie? >> no, we're doing that later. >> peter king. >> seriously? >> why aren't we starting there? >> i tried to bring it up several times yesterday, but apparently you need lawmakers ranting and just railing against congress in order to cover it. i was horrified yesterday. >> i thought chris christie gave -- >> now you're horrified because chris christie is horrified. great. >> quite -- >> we'll get there. but first, president obama has signed into law -- >> with bottle rockets and smoke bombs. >> and i want to hear from grover norquist, because this logic is fantastic. passed by congress that raises taxes for the higher earners. extends tax cuts for the middle class and unemployment benefits for many americans. the president reviewed a copy of the bill while vacationing in hawaii before directing it to be signed by autopen. that's the signature machine that presidents sometimes use to sign legisla
and jim cramer. >> jim cramer is great. he's mad, though. mad about money. >> ah, okay. well, i'm going to get to the news, which is going to start in -- >> is this chris christie? >> no, we're doing that later. >> peter king. >> seriously? >> why aren't we starting there? >> i tried to bring it up several times yesterday, but apparently you need lawmakers ranting and just railing against congress in order to cover it. i was horrified yesterday....
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. >> that was jim cooper of tennessee. you don't have to be a member of the house to be elected speaker so colin powell potentially could have gotten a few votes. what did that say to you, if anything, paul? >> it sounds like jim cooper doesn't like colin powell. ari is right, it's one of the toughest jobs in america to be the house speaker. democrats clearly p want nancy pelosi to continue leading them. the republicans want speaker boehner. yeah, there were a few dep senders but i've got to tell you, the house republicans that mr. boehner leads again is a failed state. the classic definition, the kinds of places like, you know, somalia and democratic republic of congo, the type of plateses that you like to report from, that's where the house republican conference is. i looked up the textbook definition, it's a collapse of central authority, check, and inability to receive collective decision making, check. inability to provide basic public services. well, sometimes they do. i don't give them a total pass on that. inabilit
. >> that was jim cooper of tennessee. you don't have to be a member of the house to be elected speaker so colin powell potentially could have gotten a few votes. what did that say to you, if anything, paul? >> it sounds like jim cooper doesn't like colin powell. ari is right, it's one of the toughest jobs in america to be the house speaker. democrats clearly p want nancy pelosi to continue leading them. the republicans want speaker boehner. yeah, there were a few dep senders but...
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assemblyman jim fraser donated 2000 and pg&e added the remaining 14,000. the group is hoping to break ground in about three months once spring is here. >> a state appeals court has reversed a jury's decision to commit a sexually by violent predator to a state mental hospital saying a san jose a prosecutor engaged in serious misconduct. the opinion claimed santa clara county chief assistant district attorney j. boya rsky ask improper questions and made improper arguments during the civil trial to commit the man. buriadariel sha zier pleaded guilty in 1994 to sodomy with a minor under 14 are among other charges. he was sentenced to nearly 18 years in prison the prosecutor sought to commit him to calling the state hospital upon his release. we will be back. >> is 924 right now and we are going live to mike pelton. >> the free rides that you see on all muni platforms today are all about celebrating a century of service that began on december 28th 1912. it became the first publicly owned land base transit agency. they have about 2 billion customers every year -
assemblyman jim fraser donated 2000 and pg&e added the remaining 14,000. the group is hoping to break ground in about three months once spring is here. >> a state appeals court has reversed a jury's decision to commit a sexually by violent predator to a state mental hospital saying a san jose a prosecutor engaged in serious misconduct. the opinion claimed santa clara county chief assistant district attorney j. boya rsky ask improper questions and made improper arguments during the...
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tara dowdell, democratic strategist, with former jim mcgreevey and david webb, accident cirrus xm patriot radio. good to see both of you. i want to begin with this. last night on fox news, this is what south carolina senator lindsey graham had to say about this meeting today. he said, quote, anytime you announce a meeting publicly in washington it's usually for political theater purposes. so, tara, is this all show? >> well i agree, obviously there is always some political theater going on in politics. i would say this year's oscar though goes to john boehner for pretending toe be nexting in good faith. throughout this whole process he has been the primary person pointing fingers and the democrats offered several different, several different opportunities for the speaker to come to the table, compromise opportunities. most recently even agreeing to seen less tax revenue as part of the deal. so i think that the issue here is that it is going to be very difficult for the republicans to come behind a compromise plan which has tax increases and spending cuts which is really the balanced appro
tara dowdell, democratic strategist, with former jim mcgreevey and david webb, accident cirrus xm patriot radio. good to see both of you. i want to begin with this. last night on fox news, this is what south carolina senator lindsey graham had to say about this meeting today. he said, quote, anytime you announce a meeting publicly in washington it's usually for political theater purposes. so, tara, is this all show? >> well i agree, obviously there is always some political theater going...